Analyst Warns of Potential 43% Bitcoin Crash, 67% Ethereum Plunge Despite Recent Crypto Rally
• Bitcoin could see a massive 43% correction to $25,000 if historical patterns repeat after upcoming 2024 halving cycle
• Crypto analyst Justin Bennett warns the macro landscape is very different now compared to previous crypto bull runs
• Bennett projects 67% drop for Ethereum price in his bearish scenario, sees no reason to abandon bearish ETH thesis
• Bennett not yet convinced crypto markets are in a bullish phase despite recent rally
• Big tech stocks driving recent Bitcoin push are overvalued relative to previous cycle starts in Bennett's view